Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
If the band is sufficiently narrow, then talking about marginal tax rates becomes largely a red herring. To take the extreme example, it is possible to imagine a 200 % marginal tax in a band precisely one € wide (I know that this example is ridiculous, but I hope it illustrates the point). The bandwidth is needed if you want to make an apples-to-apples comparison across borders (along with much else, as noted upthread).

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue May 20th, 2008 at 04:25:46 PM EST
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